Abstract
This paper is a continuation of Part I in which load models based on a multi level (MLEF) approximation and a continuously varying exposure factor (CVEF) representation were proposed. Their convolution with the generation system model was discussed and relationships were derived for the availability and frequency of cumulative margin states. This paper illustrates the concepts proposed in Part I by discussing the numerical results obtained using the developed expressions. Unless stated otherwise, the CVEF representation with constant low load has been used in this paper as the basic representation.